buy side thinned out, page-2

pcockley

You havn't read my previous postings. Coastal are sitting on a 35% return based on getting a yes vote and being paid on the 29th March. For them they have already one and the risk they are taking is that if it does fall over the current returns they have for a yes vote can be destroyed.

Not sure for Bronte.

As I said this is a mexican stand off and who blinks wins. TPG would know this that is why they are not budging for now. Coastal have a lot to loose if they don't vote yes, but on the other hand they need to try and get a better offer as well.

the buy side will thin out as we get closer to the vote and the AP may drop further.